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For the three months ended 31 October 2017, Straight Path Communications Inc revenues increased 4% to $165K. Net loss before extraordinary items increased from $3.4M to $14.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Straight Path Spectrum segment loss increase from $3M to $12.7M.
Period Ending: | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 | Jan 31, 2017 |
---|---|---|---|---|
Total Revenue | 0.17 | 0.17 | 0.17 | 0.17 |
Gross Profit | 0.15 | 0.15 | 0.14 | 0.14 |
Operating Income | -13.23 | -8.94 | -4 | -25.79 |
Net Income | -15.33 | -9.1 | -5.99 | -25.43 |
Period Ending: | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 | Jan 31, 2017 |
---|---|---|---|---|
Total Assets | 10.1 | 11.85 | 20.95 | 9.91 |
Total Liabilities | 30.38 | 26.64 | 28.79 | 21.93 |
Total Equity | -20.28 | -14.79 | -7.84 | -12.01 |
Period Ending: | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 | Jan 31, 2017 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -8.75 | -21.02 | -10.32 | -3.53 |
Cash From Investing Activities | 6 | -1.03 | -3.91 | 0 |
Cash From Financing Activities | 1.78 | 19.22 | 17.43 | 0.01 |
Net Change in Cash | -0.98 | -2.83 | 3.19 | -3.52 |
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